| A | B |
|---|
| natural resources | materials found in nature and used to make goods or provide services |
| human resources | people working to produce goods or provide services |
| capital resources | man-made goods used to make other goods or provide services |
| goods | things people make or grow |
| services | activities people do to help us |
| producers | people who make and sell goods and services |
| consumers | people who buy and use goods and services |
| interdependence | two or more people depending on each other |
| specialization | focusing on one product or service |
| economic choice | the choice of or decision among alternatives or possibilities |
| opportunity cost | the next best thing that is given up when a choice is made |
| scarcity | not enough of something |
